$BTC August 3 BTC price action analysis Review of yesterday’s overall trend: After opening, the market continued to fall, hitting a low at 1820. It then rebounded and surged up to 1883. In the afternoon it weakened again and moved lower; by evening it fell back to 1848 and stabilized. After a brief range-bound consolidation, it rebounded again and repaired. Today’s open continued yesterday’s rebound momentum and pushed higher. In the early session it spiked to 1898, briefly breaking above the upper Bollinger Band on the 1-hour chart. However, this breakout lacked real bullish momentum. It was a typical “pump and lure” move: price quickly came under pressure and pulled back, with sustained selling in the morning driving the low down to 1849. From the technical board: the 1-hour Bollinger Bands are generally opening downward, and the bearish trend is clear. Current price is still trading below the Bollinger middle band, so the weak structure remains. Going forward, continue to look for downside pullbacks in line with the trend. Resistance: 1880-1920 Support: 1840-1800

What really caught my attention is that the price kept probing at higher levels repeatedly, yet never managed to take the key level away. A few pushes upward looked lively, but the follow-through couldn’t keep up. Details like this are often more worth focusing on than the surface-level rise. I chose a short position around 56.00. After opening the trade, I didn’t rush to expand my judgment; I just observed whether the rebound would continue. As a result, the price gradually returned to 52.99, with the current performance at +101.61%. This shows that the wait wasn’t wasted. When intraday volatility amplifies, it’s easiest to get thrown off by short-term pulls. My approach is simple: once profit shows up, I prioritize protecting it, so the space that’s already been released doesn’t end up under renewed pressure. Understanding the change matters more than chasing the move. Missing this wave is fine—trading isn’t about a single outcome; it’s about staying clear-headed over the long run. $BTC $ETH

Stop dreaming— the trend is the sky! Above BTC 63,700 is a solid iron cap; if you can’t break through, it goes straight to 62,800. ETH around 1,900 is a cash machine; falling below 1,840 is only a matter of time. This short trade move locks in a 900-point opportunity—this is the toughest lesson for the “bottom-fishers”! Shiyuan repeatedly reminds: rebounds without volume are all bait for longs—don’t catch flying knives with your bare hands! This week has dense economic data—control your hands, and only move with the trend to protect your money bag!$BTC $ETH